Graham Partners buys thermoformer Tray-Pak
Canadian Plastics
Packaging Plastics ProcessesHeadquartered in Reading, Pa., Tray-Pak produces thermoformed packaging solutions such as trays, deli containers, display trays, lids, and domes for food, consumer goods, medical, and industrial applications.
In its second purchase of a thermoformer in as many months, private investment firm Graham Partners has acquired U.S.-based Tray-Pak Corp. from an affiliate of Archbrook Capital Management.
The terms of the deal have not been disclosed.
Headquartered in Reading, Pa., Tray-Pak produces thermoformed packaging solutions such as trays, deli containers, display trays, lids, and domes for food, consumer goods, medical, and industrial applications. The company – which has customers in Canada, the U.S. and Mexico – also manufactures blister packaging and clamshell packaging.
“Tray-Pak distinguishes itself from other thermoformers through its high-quality custom products, in-house tooling and design capabilities, and unparalleled knowledge of customer needs,” Adam Piatkowski, managing principal at Graham Partners, said in a statement.
The acquisition comes on the heels of Graham Partners’ purchase of Leominster, Mass.-based thermopackager EasyPak in November. EasyPak describes itself as being unusual in that it offers packaging made from 100 per cent post-consumer recycled materials, among other value-added capabilities.
“Both Tray-Pak and EasyPak are well positioned to continue offering best-in-class service,” Piatkowski said.
Graham Partners is headquartered in Newton Square, Pa.